Penalty under section 221(1) read with section 140A(3) - default ...

Penalty for Tax Payment Defaults Set at 5% of Admitted Liability Deemed Just u/ss 221(1) and 140A(3.

June 19, 2015

Case Laws Income Tax AT

Penalty under section 221(1) read with section 140A(3) - default in payment of the tax demand - penalty @ 5% of the admitted tax liability would be reasonable and meet the ends of justice - AT

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Penalty under section 221(1) read with section 140A(3) - default ...

Penalty for Tax Payment Defaults Set at 5% of Admitted Liability Deemed Just u/ss 221(1) and 140A(3.

June 19, 2015

Case Laws Income Tax AT

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